About E-governance
E-governance extends to electronic administration, which is the integration of Information and Communication Technology (ICT) in all the forms, plans to improve government capacity to address the wants of the common citizens. The fundamental reason for e-governance is to streamline processes for all, i.e., government, citizens, businesses, etc. at the National, State, and nearby levels. E-governance features an incredible part to play, which moves forward and bolsters all errands performed by the government division and organizations since it simplifies the task on the one hand and increments the quality of work done on the other governments provide online services to increase efficiency and transparency, reach audience bases, and facilitate e-participation. Common e-government exercises incorporate the distribution of data and information on government websites, communication between citizens and offices by means of computerized stages, and the arrangement of online value-based administrations. By encouraging the utilization of online offers for distraught populaces, governments guarantee digital inclusion and promote e-participation. With the globally increasing demand for mobile devices, many e-government services are now available via smartphone. A few of the foremost regularly utilized digital channels are social media stages, as they permit users to share data and communicate with official government channels. As social systems are regularly utilized to spread misinformation, they are considered the least reliable sources of data around the world. As for news and overhauls almost the coronavirus (COVID-19) widespread, citizens basically trust news organizations, national government sources, and worldwide health organizations just like the WHO to convey reliable content online. As a fast-growing economy and a developing world leader, E-Governance could be a must in a nation like India, both in Government and corporate segment.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global E-governance market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
EMC Corporation (United States), SAS Institute Inc. (United States), Oracle Corporation (United States), MetricStream Inc. (United States), SAP SE (Germany), Microsoft Corporation (United States), Lenovo (China), Fujitsu (Japan), NCR Corporation (United States) and Huawei (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Fidelity National Information Services Inc. (United States), Wolters Kluwer N.V (Netherlands), IBM Corporation (United States) and Thomson and Reuters Corporation (United States).
Segmentation Overview
AMA Research has segmented the market of Global E-governance market by Type (G2G (Government to Government), G2C (Government to Citizen), G2B (Government to Business) and G2E (Government to Employees)), Application (Telecom and IT, Transportation and logistics, BFSI, Mining, Retail and consumer goods, Energy and utilities, Government, Healthcare and Others) and Region.
On the basis of geography, the market of E-governance has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Technological will boost the E-governance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solution Type, the sub-segment i.e. Web-Based will boost the E-governance market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Trend in the Demand for Corporate Governance and Increasing Use of Data and Growing Business Collaborations
Market Growth Drivers:
Rapid Rate of Increase in The Internet and Digitalization, The Emergence Of E-Governance as A Business Imperative in The Organization, Increase in Demand for Online Services by the End-Users and The Rising Government Regulations and Compliance Mandates
Challenges:
Lack of Awareness to Use the Portal and Low Broadband Penetration in the Rural and Under-Developed Countries
Restraints:
High Set-Up Cost of the Technology and Risk in the Leakage of Personal Information
Opportunities:
Rising Public-Private-Partnerships and Growing Advancements in Technology
Market Leaders and their expansionary development strategies
In November 2023, IBM joins forces with UN-Habitat for sustainable e-governance development. Focuses on promoting responsible use of technology for smart cities and sustainable urban development.
In August 2023, India unveils DigiLocker 2.0enhanced platform for storing and sharing official documents. Provides citizens with secure digital storage and easier access to essential documents like driving licenses and educational certificates.
Key Target Audience
Providers of E-governance, End-Users, Potential Investors, Market Research Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.